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To: T.R. who wrote (125921)5/18/1999 2:17:00 PM
From: Venkie  Respond to of 176387
 
it took i minute to wipe out the 30 yr bond....god almighty



To: T.R. who wrote (125921)5/18/1999 2:20:00 PM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hi T.R.,..Re:. haven't we all anticipated this stance?

Nope, I didn't think they would change the bias. Alan must have had a lot of pressure from the inflation hawks! However, bond traders said the Fed Fund futures already had it priced in we heard.<g>

Cheers,

Lee